News in Systemic Risk: Wednesday, June 4, 2025 (9:45 a.m. ET) June 4, 2025 Population Aging and Financial Stability: An Empirical Analysis (Hun Jang; Bank of Korea) Stablecoin Runs and the Centralization of Arbitrage (Yiming Ma, Yao Zeng & Anthony Lee Zhang; NBER) Global Investors Have a New Reason to Pull Back From U.S. Debt (Jon Sindreu; Wall Street Journal) Could Trump’s ‘big beautiful bill’ kill the OFR and accidentally sabotage SOFR? (Robin Wigglesworth and Kate Duguid; Financial Times) Pervasive Uncertainty Calls for a Patient Policy Stance (Raphael Bostic; Federal Reserve Bank of Atlanta) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
